Impermanent loss occurs when farming asset prices change. Our strategies reduce the impact of impermanent loss to minimum by borrowing non-stablecoin assets and thus greatly lowering the crypto exposure. Please do note that, however, even stablecoins can be subject to impermanent loss when they go off-peg, despite that such a situation is by itself unlikely. For more information about impermanent loss, you may refer to the session on the subject in our crash course DeFi in a Nutshell.